Comstock Inc. (NYSEAMERICAN:LODE – Get Free Report) Director Steven Yu-Tsung Pei acquired 26,177 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was purchased at an average price of $4.14 per share, for a total transaction of $108,372.78. Following the completion of the transaction, the director directly owned 1,557,157 shares in the company, valued at approximately $6,446,629.98. The trade was a 1.71% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Steven Yu-Tsung Pei also recently made the following trade(s):
- On Wednesday, June 3rd, Steven Yu-Tsung Pei acquired 180,000 shares of Comstock stock. The stock was purchased at an average price of $3.93 per share, for a total transaction of $707,400.00.
- On Tuesday, June 2nd, Steven Yu-Tsung Pei acquired 153,823 shares of Comstock stock. The stock was purchased at an average price of $4.10 per share, for a total transaction of $630,674.30.
- On Thursday, May 14th, Steven Yu-Tsung Pei acquired 79,559 shares of Comstock stock. The stock was purchased at an average price of $3.42 per share, for a total transaction of $272,091.78.
- On Wednesday, May 13th, Steven Yu-Tsung Pei acquired 345,000 shares of Comstock stock. The stock was purchased at an average price of $3.38 per share, for a total transaction of $1,166,100.00.
Comstock Stock Performance
LODE stock opened at $4.36 on Friday. The business’s fifty day moving average is $3.41 and its 200-day moving average is $3.40. The company has a quick ratio of 4.51, a current ratio of 4.51 and a debt-to-equity ratio of 0.08. The company has a market cap of $330.97 million, a P/E ratio of -4.54 and a beta of 1.37. Comstock Inc. has a twelve month low of $2.24 and a twelve month high of $4.80.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Rockefeller Capital Management L.P. raised its stake in Comstock by 133.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 7,000 shares of the company’s stock worth $26,000 after buying an additional 4,000 shares during the period. Marathon Capital Management raised its stake in Comstock by 48.1% during the 3rd quarter. Marathon Capital Management now owns 20,000 shares of the company’s stock worth $68,000 after buying an additional 6,500 shares during the period. Jefferies Financial Group Inc. acquired a new stake in Comstock during the 4th quarter worth $39,000. Wealth Effects LLC acquired a new stake in Comstock during the 1st quarter worth $34,000. Finally, MML Investors Services LLC acquired a new stake in Comstock during the 4th quarter worth $45,000. Institutional investors and hedge funds own 7.96% of the company’s stock.
About Comstock
Comstock Mining, Inc (NYSE: LODE) is a growth-oriented mineral exploration and production company focused on the historic Comstock Lode in Virginia City, Nevada. The company’s primary business activities include the development, extraction and sale of gold and silver from its flagship Lucerne project. Comstock leverages modern mining techniques and infrastructure to access high-grade ore bodies in one of North America’s most renowned silver-gold districts.
In addition to its core precious metals operations, Comstock Mining maintains a commercial real estate division centered in Virginia City’s historic district.
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